TSE Indices (November 11, 1996)
1996Nov 5Nov 4Nov 1Oct 31Oct 30HighLowComposite”3…
News
Drilling in Ecuador confirms potential for Triton Mining
Drilling at Triton Mining’s (TTM-T) Manantial Espejo property in Argentina is expanding the gold and silver resources in the Maria Vein.The Vancouver-based junior is engaged in an ongoing 10,800-metre…
Yamana Resources continues search for Chilean copper
With two exploration programs already under way in Chile, Yamana Resources (YRI-T) has decided to launch a third.The work will focus on a 84-sq.-km land package in the northern province of Antofagasta…
Bruneau deposit proves a winner
A series of metallurgical tests has confirmed the “extremely high” quality of calcium carbonate concentrates from Bruneau Minerals’ (BRM-M) Lac St.-Jean, Que. deposits.Bruneau has reserves of 13.5 mil…
William Resources aims to take over Swedish gold miner
A unit of William Resources (WIM-T) has submitted a bid to take over Swedish gold mining firm Terra Mining.William is offering $33.25 per share, or $147 million, for the company, which is listed on th…
Summo Minerals revises figures for Lisbon Valley
Lower copper prices have prompted Summo Minerals (SMA-T) to revise the final feasiblity study for its Lisbon Valley copper project in Utah.The new study, which is based on a copper price of US90 cents…
Timmins camp still luring junior explorers
Work continues on projects in the Timmins West camp in northeastern Ontario, where four of six recently drilled holes at the Bristol Twp.property of Holmer Gold Mines (HGM-A) have encountered gold min…
Kinross to develop Vogel gold property
An agreement between Black Hawk Mining (BHK-T) and Kinross Gold (K-T) will allow for development of the former’s Vogel gold property in Hoyle Twp., 20 km east of Timmins.Black Hawk, which has been dri…
Regions of Greenland subjected to geophysical surveys
An area in eastern Greenland has been targeted for regional magnetic and aeromagnetic mapping.The surveys, to be flown next summer, will test targets and structures near Constable Pynt and Mestersvig….
San Francisco mine undergoes expansion
Reserves continue to soar at the San Francisco gold mine in Mexico’s Sonora state.Geomaque Explorations (GEO-T) reports that minable reserves at the open-pit, heap-leach operation have increased by 22…
Mount Polley on track to yield gold and copper
At the Mount Polley gold-copper porphyry mine, 45 miles north of here, construction is proceeding on schedule toward a projected startup of late 1997.Imperial Metals (IPM-T) has a 55% interest in the …
Fatal accident at Heath Steele
Safety staff at Noranda’s (NOR-T) Heath Steele mine, about 50 km southwest of Bathurst, N.B., are investigating an explosion that took the life of miner Arthur Doucet on Nov. 4.Staff member Roger Clin…